Insurance industry deems 'writing was on the wall' for much of LA wildfire devastation

By Isha Marathe

Published: Fri 17 Jan 2025

The latest wildfires in Los Angeles might have been unique in their scope, but a combination of regulatory constraints, dry weather, and structural neglect played a role in just how destructive the blazes were, and how large the resulting economic losses are shaping out to be, industry executives told The Insurer .